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Wednesday, September 10, 2025

American Market Recap: Klarna shares open at $52 per share and pop before losing ground

Wednesday, 10 Sep, 2025

Stocks

Klarna shares open at $52 per share and pop before losing ground

If you were lucky enough to get in on the IPO, it was a good start to trading for Klarna shares. They priced at $40 and then opened at $52. The good news has pretty much ended there so far as the pric

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News

US sells 10-year notes at 4.033% vs 4.046% WI

Sells with a stop through of 1.3 basis points Was a $39 billion reopening The result has placed some further downward pressure on yields and some weakness in USD/JPY.

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News

Pres. Trump appeals court ruling blocking removal of Fed Gov. Cook

The Trump administration is appealing the court ruling blocking the removal of Fed Gov. Cook on allegations of the mortgage fraud. Not only did the US judge temporarily block Trump from removing Fed G

News

US treasury to auction $39 billion of 10 year notes at 1 PM

The 2nd of 3 coupon auctions this week will take place at 1 PM ET with the sale of $39 billion of 10-year notes. Yesterday, the treasury auctioned off 3-year notes, which were met with strong demand f

Central Banks

Atlanta Fed GDPNow growth estimate for Q3 rises to 3.1% from 3.0% previously

Running against the need to cut rates (although be shocked if they didn't) is the Atlanta Fed GDPNow growth forecast for the 3rd quarter which rose to 3.1% from 3.0% previously. In their own words: Th

Stock market update

European indices close mixed on the day. S&P and NASDAQ on pace for record closes

The major European indices are closing mixed. German DAX and UK's FTSE 100 both close lower while France's CAC, Spain's Ibex, and Italy's FTSE MIB close the day with gains. A snapshot of the closing l

Education

Virtual Pay Group Secures Visa Principal Acquirer License

Virtual Pay Group, a leading Global fintech company specializing in digital payment solutions, is proud to announce that it has been officially licensed by Visa as a Principal Acquirer. This prestigio

News

Elon Musk is no longer the world's richest man as Oracle shares soar 42%

The move in Oracle shares today is insane. The company shocked the market by forecasting $144 billion in cloud infrastructure revenue and that kicked off 42% rally in shares. Founder Larry Ellison has

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Technical Analysis

AUDUSD trades to a new 2025 high. What next for the pair?

AUDUSD: The pair is moving higher following today's weaker U.S. PPI data, pushing above the July high at 0.66247 and reaching its strongest level since November 8, 2024 . The price reached 0.6635 so f

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